Production & Shipments
Developments that could increase or decrease steel production and shipments around the world.
Latest News
G7 to Address Excess Steel Capacity
15 May 2016 - The world’s seven wealthiest countries may adopt measures to address the global steel glut during their upcoming summit in Japan, according to the Reuters news service.
G7 to Address Excess Steel Capacity
15 May 2016 - The world’s seven wealthiest countries may adopt measures to address the global steel glut during their upcoming summit in Japan, according to the Reuters news service.
(UPDATE) Nucor to Open New Joist, Decking Facility in Canada
15 May 2016 - Nucor Corp.'s joist and decking unit is setting up a fabrication shop in Canada and plans to begin producing products later this year, the company has announced.
Steel Prices Rebound, and Chinese Mills Restart
11 May 2016 - As steel prices rebound, Chinese mills that were shut down are returning to life and resuming production, despite global wishes for the country to cut its excess capacity.
Steel Associations Urge China to Continue Discussing Global Excess Capacity
09 May 2016 - Ten steel associations in North and South America and Europe said they are disappointed that China declined to commit to further action on its excess steelmaking capacity, but are urging the country to be involved in future conversations on the topic.
Iranian Steel Exports Set New Record
25 April 2016 - Iran exported a record 4.1 million metric tons of steel in the previous Persian calendar year, reports Iran's FARS News Agency.
ArcelorMittal Idles Indiana Hot Strip Mill
01 April 2016 - In the latest of it capacity-cutting efforts, ArcelorMittal has shut down the 84-inch hot strip mill at its Indiana Harbor facility in Indiana, a union official tells The Times newspaper of northwest Indiana.
Evraz Plans Further Curtailments at Colorado Mill
21 March 2016 - After announcing plans to indefinitely idle the seamless tube mill at its Colorado plant, Evraz North America has said it will temporarily halt steelmaking and idle the rail mill there as well, according to reports.
U. S. Steel Idling Tube Mills, Laying Off Nearly 800
18 March 2016 - United States Steel Corporation is temporarily idling tube mills in Texas and Alabama and laying off nearly 800 salaried and hourly employees, reports the Pittsburgh Post-Gazette.
Danieli Wins Order for Canadian Bar Mill Upgrades
17 March 2016 - Danieli has been awarded a contract to install a new finishing end at ArcelorMittal’s Longueuil bar mill in the Canadian province of Quebec, the mill builder has announced.
China Intends to Idle More than 200 Mills in its Steelmaking Center
09 March 2016 - The Hebei province, China's steelmaking heartland, will close 60 percent of its steel mills by 2020 as part of the country's effort to curb excess capacity, reports Chinese business and finance magazine Caixin.
Two JSW Steel Blast Furnaces Returned to Service
22 February 2016 - India’s JSW Steel has re-commissioned two idled blast furnaces and is preparing to relight a third, according to reports.
Steel Shortage Forces Toyota to Temporarily Halt Production in Japan
03 February 2016 - The world’s leading automaker plans to halt all of its domestic assembly lines next week because of a parts shortage, which was brought on by an accident at an affiliated steel mill.
Environmental Concerns Prompt Closure of Major Iron Ore Terminal in Brazil
22 January 2016 - A Brazilian court has ordered one of the world’s primary iron ore import-export terminals to shut down owing to recurring pollution problems.
China's Steel Production Contracts for the First Time in 25 Years
19 January 2016 - For the first time in as long as many can remember, Chinese steelmakers produced less than they did the year before, according to reports.
Report: India's Steelmaking Capacity Might Triple in Next 10 Years
30 December 2015 - India’s annual steelmaking capacity is projected to reach approximately 300 million metric tons by 2026, according to the Business Standard newspaper.
New Coating Technology Put to Use in Offshore Well
29 December 2015 - Russia's TMK has shipped 32 metric tons of premium well products featuring its lubricant-free GreenWell polymer coating technology, the company has announced.
U. S. Steel's Granite City Works To Close in Mid-February, Union Official Says
11 December 2015 - United States Steel Corporation will begin winding down its Granite City Works in Illinois later this month, with workers beginning to be sent home on 27 December, according to the Belleville News-Democrat newspaper.
Chinese Steel Exports Surpass 100-Million Mark
08 December 2015 - China’s steel industry reached a milestone in November – for the first time it exported more than 100 million metric tons, reported BloombergBusiness.
Chinese Mills Feeling Impact of Industry Downturn
04 December 2015 - Chinese mills in the Shanxi province are cooling blast furnaces and curtailing production due to weakening demand and crimped cash flows, according to the Reuters news service.
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